Monero
$426.86
2.8%(24h)30d
Today
2.8%
30 Days
21.9%
Price Change (24h)
$11.58
BTC$43,500+2.50%
ETH$2,650+1.80%
USDT$1.00+0.00%
BNB$320-0.50%
XRP$0.5200-1.20%
SOL$95.00+3.20%BTC$43,500+2.50%ETH$2,650+1.80%USDT$1.00+0.00%BNB$320-0.50%XRP$0.5200-1.20%SOL$95.00+3.20%Today
2.8%
30 Days
21.9%
Price Change (24h)
$11.58
XMR
4,268.60
Monero is a privacy-focused cryptocurrency created in April 2014, originally as a fork of Bytecoin. The project prioritizes user privacy and anonymity through mandatory ring signatures, stealth addresses, and RingCT (Confidential Transactions). The network operates as a decentralized peer-to-peer currency where all transactions are private by default. Unlike cryptocurrencies that rely on optional privacy features, Monero's fundamental architecture makes all transaction amounts, sender identities, and receiver addresses obscured. This privacy-first approach makes Monero attractive to users prioritizing financial confidentiality while maintaining transparent and auditable code.
Monero emerged from a Bytecoin fork through a community development initiative in 2014. The project operates through community governance and is supported by the Monero Research Lab, which investigates cryptographic innovations and privacy technologies. Rather than having traditional founders, Monero is driven by a global community of developers and researchers.
Users shouldn't view all privacy cryptocurrencies as interchangeable or equivalent services because they don't all achieve privacy in the same way. For instance, XMR should be considered a technology that, when used properly, obscures user data on the blockchain, making it harder to identify its users.
The secrecy and anonymity offered by Monero are what most users find valuable. It gives people the freedom to conduct cryptocurrency transactions anytime they want for any purpose without being concerned about being watched by the government, hackers or other outside parties. XMR coins cannot be traced, thus they cannot be blacklisted by businesses for alleged illicit connections. Investors who think that demand for privacy will rise in the future, raising the price and total market cap of XMR, may find value in Monero in addition to its use as a medium of exchange.
Monero's defining feature is its mandatory privacy architecture. Ring signatures mix transactions to obscure the sender, stealth addresses hide recipient identities, and RingCT conceals transaction amounts. These privacy mechanisms operate by default rather than as optional features, ensuring all users benefit from the same privacy protections. The network prioritizes decentralization by using CPU-friendly proof-of-work mining, which discourages ASIC dominance and maintains network distribution among regular participants. This combination of cryptographic privacy and democratic mining accessibility makes Monero unique within the cryptocurrency landscape.
Monero was designed without a fixed maximum supply. The currency features a tail emission of 0.6 XMR per block indefinitely, providing miners with continued incentives after the initial rapid supply growth phase concludes. This mechanism differs from Bitcoin's finite supply model.
Monero employs a proof-of-work consensus mechanism utilizing the CryptoNote protocol, with emphasis on CPU-friendly mining to maintain broad participation. The protocol's cryptographic foundations—including ring signatures, stealth addresses, and RingCT—provide both consensus security and transaction privacy.
Monero (XMR) trades on various exchanges including Binance, Kraken, and Poloniex, with active trading pairs such as XMR/USD, XMR/BTC, and XMR/USDT.
Exchange data unavailable.
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